Makemytrip Limited ((MMYT)) has held its Q3 earnings call. Read on for the main highlights of the call.
The recent earnings call for MakeMyTrip Limited painted a picture of strong performance and strategic achievements. The company demonstrated significant growth in international markets, achieving record operating profits. Despite facing challenges such as domestic air supply issues and competitive pressures from airline direct bookings, MakeMyTrip’s effective strategic initiatives and execution have set a positive tone for the future.
MakeMyTrip reported an impressive 26.8% year-on-year growth in gross booking value on a constant currency basis for the quarter. This was a substantial increase compared to the 22.9% growth in the first half of the fiscal year, highlighting the company’s accelerating momentum.
The company achieved an all-time quarterly high adjusted operating profit of $46 million, reflecting…
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